Amount recoverable under Life Insurance policy (LIC)

What is Insurance?            According to Justice Tindall, "Insurance is a contract in which a sum of money is paid to the assured...

Powers of Insurance Regulatory and Development Authority of India (IRDA)

Powers of Insurance Regulatory and Development Authority of India (IRDA) -     According to Section 26 of the Insurance Regulatory and ...

Duties and functions of insurance regulatory and Development Authority of India (IRDA)

Establishment of insurance regulatory and Development Authority of India -      For reforms in the Insurance sector in order to make it ...